Practice management

The Internal Revenue Service is providing tax relief to individuals and businesses that were affected by Hurricane Isaac, which ravaged the Gulf Coast last week.

The Internal Revenue Service has issued new procedures to help nonresident U.S. taxpayers, including dual Canadian citizens, comply with U.S. tax laws even if they have previously undeclared foreign bank accounts.

CFOs at multinational companies are beginning to change their minds about using tax policy as a way out of the economic doldrums.

A Bloomfield, N.J., tax return preparer has been sentenced to 18 months in prison for preparing returns with false deductions to secure large refunds for clients.

A federal court has permanently barred tax lawyer Scott A. Waage of San Diego and his law firm from providing tax advice and from preparing federal tax returns for others.

As hurricane season begins, the IRS directs preparers and taxpayers to its disaster-planning primer designed to help preserve tax records before and after catastrophes.

Remember dating in high school? You know that guy or girl who you liked but were pretty sure didn't feel the same way back?

Wolters Kluwer Tax & Accounting has acquired the assets of BSI, a provider of international tax, legal, business and investment information.

The Internal Revenue Service is making changes in its letter-forwarding program and no longer intends to try to locate a missing taxpayer who may be entitled to a retirement plan payment or other financial benefit.

The Taxpayer Advocate Service is revising the criteria it uses to accept cases from taxpayers who are having trouble dealing with the Internal Revenue Service to cut down on its caseload.

It used to be that only very large, successful companies could operate and compete globally. Today, companies of any size can take advantage of global opportunities.

IMGCAP(1)]Many view leadership, management and administration as synonymous, but there are primary differences. It is not unusual for firms to expect individuals to possess the skills required for each. However, an individual's unique abilities will determine whether they enjoy the responsibilities and are successful.

Congress has a lot of tax issues on its plate between now and the end of the year.

Partners are the culture in a professional service firm -- what they believe, what they reward, what they do, and how they do it determines what and how things get done.

Boy, did President Obama create a furor in a Roanoke, Va., speech in July, where he said, "If you have a business, you didn't build that. Somebody else made that happen."

Denver-based Top 100 firm Hein & Associates didn't want to be anyone's secret -- even a good one, as managing partner Brian Mandell-Rice had become accustomed to hearing from clients.

Recent tax news

Proponents of states' ability to require remote vendors to collect and hand over sales tax are positioning themselves for hoped-for legislative action before the end of the year.

California’s State Board of Equalization is warning that beginning Sept. 15, a new law will take effect expanding the types of out-of-state retailers who are required to register with the board and requires them to begin collecting and remitting use tax on sales of tangible personal property to California consumers.